Aviation technologies provider $GRMN said its Garmin International unit has launched the G5 electronic flight instrument for experimental amateur-built and light sport aircraft. The G5 serves as either a back-up instrument to G3X or other EFIS systems or as a standalone primary flight instrument, with optional autopilot mode annunciation.

OPEC wants non-members to cut their oil output to keep the oil prices high. The non-OPEC oil volumes are also substantial, so they would really want the non-OPEC nations to curtail their oil production. (Will the non-OPEC countries agree to that?)

$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.

$BAS said the company and its affiliated chapter 11 debtors have obtained
court approval of their prepackaged restructuring and recapitalization plan. Among
other things, the Prepackaged Plan equitizes over $800MM of unsecured debt,
eliminates over $60MM in annual cash interest, and completes a new capital
raise of $125MM.

$GE's BoD lifted a quarterly dividend by 4% to $0.24 per outstanding share of its common stock. The dividend is payable on Jan. 25, 2017 to stockholders of record on Dec. 27, 2016. The ex-dividend date is Dec. 22, 2016.

$IRM received approval from UK’s Competition and Markets
Authority (CMA) to sell C21 Data Services Ltd, a legacy Recall asset, to Oasis
Group. The total consideration was immaterial and in line with original
expectations. The transaction closed on December 9, 2016.